/biz/ - Business & Finance

>>25671946
>so do they have to update food prices in stores like every day or so because of ever increasing inflation?

Not every day but every week yes , that said there are insane price controls now , shit is absurdly cheap on us dollars from medicine to food , to real estate it's all cheap now.

>does the government try to stop people from buying dollars, gold, bitcoin?

Yes us dollar purchases are basically not allowed anymore , and to prevent people of using dollars , the government put a 50% tax on credit cards purchases.

>gold

Under capital controls , cant' buy it.

>bitcoin

We are ground zero of the bitcoin revolution here ,it's being adopted even by normieshits , i mean 50% tax paying on credit card vs buying bitcoin and paying on bitpay.

Not to mention freelancers can get their wage on bitcoin.
We are number one on bitcoin adoption worldwide and i am not memeing , we are disconnected by international exchanges so we have our local exchanges , some even do delivery of usd cash to your house to cash out lmao.

Also on p2p markets like localcryptos or localbitcoins we have a lot of sellers and buyers , lot's who also buy and sell on cash usd.

>are they taxing real estate owners and people who didn't get fucked by this shit?

Real estate no , but there are (((wealth taxes))) coming , that said properties are valued in pesos and due to inflation the legal value of poperties can be absurdly low , like 50 acres being valued for what is 3000 dollars legally(you buy them for 130k but for the state it's valued as 3000 usd due to the inflation).

This is the type of shit that happens when inflation get's out of control.
Of course it also means rule of law is shit and it also hits you on incomes since taxes are also rarely updated for inflation.

>>25672002
Yes even with average numbers would still be fucked up.
And it's worse outside the usa which is the reserve currency , the entire post bretton woods system has been a disaster for humankind.

>>25350993
Can't remember what book it was. Might've been by Delicious Tacos or something. Just a pic I found on the internet

>>25351048
I think you can just only pay the interest rate and they won't care. That's the minimum you have to pay to keep them from foreclosing on your house